Introduction by ebook's author:
In the ancient days of commerce, the most common way to make money was to sell something for more than you acquired it– the earliest concept of PROFIT. The Old World merchants would buy spice from farmers for pennies on the ounce; repackage it, and sell it to consumers across the oceans at a marked-up price. These early entrepreneurs understood the concept of mark-up and scaling to realize astronomical profits.
You can engage in this ancient strategy of buying low and selling high, and make yourself a modern-day wealthy merchant, able to buy the finer things in life like this brand-new Mercedes Benz Mclaren!
A “perfect storm” of opportunity in importing goods from China is now upon us. Yes, the planets are all in a rare alignment. There is no better time in the history of man than now to start an importing business, with China being your main resource.
Advances in technology benefitting commerce (broadband internet, manufacturing processes, freight forwarding) and China’s shift towards a western, capitalistic-style economy have opened the doors to the small business person. These events have leveled the playing field, and as a result, more and more entrepreneurs are finding ways to make $$millions of dollars a year importing low-cost goods from China and selling them for maximum profit!
The pictures above are examples of some of the astounding products coming out of China right at this moment. As you can see, Chinese factories are capable of turning out some very high-end products that sell well internationally. They have caught up with established U.S. and European designers and manufacturers, turning out comparable products at a fraction of the cost!
But, you may think, “it’s too much of a hassle setting up an importing venture.” Well, think again….
The steps to importing goods from China are pretty similar to those you take when buying a new car, with a few added steps. Let’s say you’ve done your homework and concluded that there is a market for mini-scooters. Here is what you will need to do to import 100 mini-scooters:
1. Find several manufacturers and select one you can trust 2. Make the details of your order very clear to the supplier (color, style, quantity, etc.) 3. Request a quote from your supplier and negotiate the price for your order 4. Locate a shipping company (freight forwarder) to ship your merchandise 5. Clear your order through customs (pay the import duties) 6. Pick up your shipment; make sure it’s what you ordered 7. Sell and make money!
Of course there are finer details to the above steps, but when it comes down to it, that’s all there is to it! But, if it were this easy, then everyone would be importing, right? Well, the best thing to say here is that anything that has value requires an investment in time, money and energy to make it work. You have to do your “due diligence” in learning the ins and outs of importing in order to expect any level of success. This is where I come in:
Yes, importing goods from China is easy– but only AFTER you’ve learned how to do it right. And believe me, if you don’t know what you’re doing… Read more…
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